Held that the Tribunal was justified in holding that contribution made by assessee-company to PF of its employees under Provident Funds Act, 1925 was allowable and it could not be disallowed on ground that it was not made to a Recognised Provident Fund. (AY. 1999-2000)
CIT v. Haryana Vidyut Prasaran Nigam Ltd. (2025) 303 Taxman 134 (P&H)(HC)
S. 37(1) : Business expenditure-Contribution to its employees under Provident Funds-No disallowance can be made on the ground that it was not made to reccignised Provident Fund [S. 260A, Providents Funds Act, 1925]
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